Country comparison Latvia vs Malawi

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€11,756M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$12,712M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€5572023GDP per capita [+]
GDP per capita [+]2024$23,250chart$6022023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart10,7012023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart11,5742023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart91.32%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€5072023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$5482023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart-1,0732023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart-1,1602023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart-9.15%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart3,323.32023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart3,594.42023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart301.82020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart344.52020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart11.50%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart104.62022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart110.12022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart3.29%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart118.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart128.52023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart3.96%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart28.36%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€1572023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$1702023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€152020Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$182020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€52022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$52022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€62023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$62023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3
S&P Rating [+]05/31/2024A
Fitch Rating [+]04/10/2020A-B-03/06/2007Fitch Rating [+]
Corruption Index [+]202360chart342023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart128º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart80.52024Fragile States Index [+]
RTI Raking [+]2024107ºchart35º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart107º2021Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%
Unemployed [+]2024Q464K
NMW [+]2025$768.8chart$43.12023NMW [+]
NMW [+]2025€740.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart109º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/26/20250.9270
Stock ExchangeYTD % [+]03/26/20251.10%
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.7%
PPI Year on Year [+]February 20250.5%
Money Market
Key rates [+]03/12/20252.65%
Business
Doing Business [+]202019ºchart109º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318chart598December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart0.08December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart7.672015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart12.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart16.50%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart30.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart432,0002021Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€892.9M2023Exports [+]
Exports [+]2024$20,472.4Mchart$965.5M2023Exports [+]
Exports % GDP [+]202447.04%chart7.60%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€2,904.6M2023Imports [+]
Imports [+]2024$23,710.0Mchart$3,140.7M2023Imports [+]
Imports % GDP [+]202454.48%chart24.71%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€-2,011.7M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$-680.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart-17.11%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart95º2015Global AgeWatch Ranking [+]
Density [+]202329chart1782023Density [+]
Global Peace Ranking [+]202430ºchart80º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0chart37.72017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.98%2020% Immigrant [+]
% Emigrant [+]202020.07%chart1.59%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart32.61‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart38.62017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.93‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart3.852022Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%chart50.7%2019% risk of poverty [+]
Population [+]20231,871,882chart21,104,4822023Population [+]
Immigrant stock [+]2020239,422chart191,3622020Immigrant stock [+]
Emigrant stock [+]2020380,010chart311,0522020Emigrant stock [+]
HDI [+]20220.879chart0.5082022HDI [+]
Gender Gap Ranking [+]202430ºchart110º2023Gender Gap Ranking [+]
Life expectancy [+]202375.60chart62.902022Life expectancy [+]
Suicides [+]2022226chart9472015Suicides [+]
Suicide rate [+]202212.29chart5.232015Suicide rate [+]
Number of homicides [+]202347chart2792012Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart1.782012Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart0.292023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart1,5852023Consumption GWh [+]
Generation GWh [+]20236,360chart1,8372023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart2,68608/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart89,16808/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart4,288,01409/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart127.2708/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart8,503,95409/24/2023Doses administered [+]
Latvia
Malawi